One Wold Announces Private Placement
Suite 615 – 800 West Pender Street, Vancouver, B.C. Canada, V6C 2V6 Telephone: 1-604-564-2017
www.oneworldlithium.com
ONE WORLD
LITHIUM
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES
ONE WORLD LITHIUM INC. ANNOUNCES PRIVATE PLACEMENT
VANCOUVER, BC - June 07, 2019 - One World Lithium Inc. ( OTCQB -OWRDF) ( CSE-OWLI) (the “Company”)
(“OWL”) today is pleased to announce a non-brokered private placement up to 10,000,000 units (the “Units”)
at a price of $0.20 per Unit for gross proceeds of up to $2,000,000 (the “ Offering”). All funds are stated in
Canadian dollars.
Each Unit will consist of one common share of the Company (a “Common Share”) and one-half of a non-
transferable Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle
the holder thereof to purchase one Common Share at a price of $0.25 for a period of 24 months from the
closing of the Offering.
There is no minimum number of Units or minimum aggregate proceeds required to close the Offering and the
Company may, at its discretion, elect to close the Offering in one or more closings. Management anticipates
that the Company will allocate the net proceeds of the Offering as follows: Salar del Diablo Lithium Property
drilling program $ 500,000; analysis and further testing of drill results $400,000; southern region pre -drilling
program $400,000; and the balance for working capital.
The Company may pay a finder’s fee on the Offering. Closing of the Offering is subject to a number of
conditions, incl uding receipt of all necessary corporate and regulatory approvals. All securities issued in
connection with the Offering will be subject to a statutory hold period of four months plus a day from the
closing of the Offering in accordance with applicable securities legislation.
A portion or all of the Offering may be completed pursuant to Multilateral CSA Notice 45 -313 – Prospectus
Exemption for Distributions to Existing Security Holders (“CSA 45-313”) and the corresponding blanket orders
and rules implementing CSA 45-313 in the participating jurisdictions in respect thereof (collectively with CSA
45-313, the “Existing Security Holder Exemption ”). As at the date hereof, the Existing Security Holder
Exemption is available in each of the provinces of Canada, with the exception of Newfoundland and Labrador.
Subject to applicable securities laws, the Company will permit each person or company who, as of June 7, 2019
(being the record date set by the Company pursuant to CSA 45-313), who holds common shares as of that date
to subscribe for the Units that will be distributed pursuant to the Offering, provided that the Existing Security
Holder Exemption is available to such person or company. Qualifying shareholders who wish to participate in
the Offering should contact the Company at the contact information set forth below. In the event that
aggregate subscriptions for Units under the Offering exceed the maximum number of securities to be
distributed, then Units will be sold to qualifying subscribers on a pro rata basis based on the number of Units
subscribed for. Insiders may participate in the Offering.
In addition to the Existing Security Holder Exemption, a portion or all of the Offering may be completed
pursuant to Multilateral CSA Notice 45 -318 – Prospectus Exemption for Certain Distributions through an
Investment Dealer (“CSA 45-318”) and the corresponding blanket orders and rule implementing CSA 45 - 318
in the participating jurisdictio ns in respect thereof (collectively with CSA 45 -318, the “Investment Dealer
Exemption”). As at the date hereof, the Investment Dealer Exemption is available in each of Alberta, British
Suite 615 – 800 West Pender Street, Vancouver, B.C. Canada, V6C 2V6 Telephone: 1-604-564-2017
www.oneworldlithium.com
ONE WORLD
LITHIUM
Columbia, Saskatchewan, Manitoba and New Brunswick. Pursuant to CSA 45 -318, each subscriber relying on
the Investment Dealer Exemption must obtain advice regarding the suitability of the investment from a
registered investment dealer.
There is no material fact or material change of the Company that has not been disclosed.
In addition to conducting the Offering pursuant to the Existing Security Holder Exemption and the Investment
Dealer Exemption, the Offering will also be conducted pursuant to other available prospectus exemptions.
None of the securities issued in connection with the Offering will be registered under the United States
Securities Act of 1933, as amended (the “1933 Act”), and none of them may be offered or sold in the United
States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This
news release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there by any sale
of the securities in any state where such offer, solicitation, or sale would be unlawful.
About One World Lithium
One World Lithium Inc is an exploration company focused on lithium in brine projects. It currently has earned
a 60% property interest with an option to acquire a further 30% property interest for a total of a 90% property
interest in the 75,400 hectare (290 square mile) Salar del Diablo lithium brine project (the “Property”) located
in the State of California Baja, Mexico.
On behalf of the Board of Directors of One World Lithium Inc.,
“Douglas Fulcher”
President and Chief Executive Officer
For further information please visit www.oneworldlithium.com or email [email protected]
or call 1-888-280-8128
Forward-Looking Information: This press release may include forward looking information within the meaning of Canadian securities legislation. Forward
looking information is based on certain key expectations and assumptions made by the management of the OWL, including the intention of OWL to
proceed with the advancement of the Property. Although OWL believes that the expectations and assumptions on which such forward looking information
is based are reasonable, undue reliance should not be placed on the forward-looking information because OWL can give no assurance that they will prove
to be correct. Forward looking statements contained in this pre ss release are made as of the date of this press release. OWL disclaims any intent or
obligation to update publically any forward-looking information, whether as a result of new information, future events or results or otherwise, other than
as required by applicable securities laws. There can be no assurance that such statements will prove to be accurate and actual results and future events
could differ materially from the those anticipated in such statements, important factors that could cause actual resul ts to differ materially from the
company’s expectations include: (I) inability of OWL to execute its business plan and raise the required financing (II) accuracy of mineral or resource
exploration activity (III) continued access to mineral property and (IV) risks and market fluctuations common to the mining industry and lithium sector in
particular. The reader is cautioned that assumptions used in the preparation of any forward -looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, some of which are beyond the control of the OWL. The reader is cautioned not to place undue reliance on any forward-looking information
contained in this press release
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Se curities Exchange) accepts
responsibility for the adequacy or accuracy of this release.